South & Central Asia
3 New Klaveness Ships to Get ABB’s Marine Software System
Three newbuildings owned by Norwegian shipping company Torvald Klaveness will get Octopus marine software system, which will help them meet incoming emission regulations, power and automation technology group ABB informed. The three combination carriers are currently under construction at China’s Ji
Excelerate to Order Up to Seven FSRUs from DSME
US-based Excelerate Energy has signed a Letter of Intent (LOI) with South Korean Daewoo Shipbuilding and Marine Engineering (DSME) for the delivery of up to seven floating storage and regasification units (FSRUs). The company said that the initial specifications for the ships include a capacity of 1
British Chamber of Commerce Shanghai Establishes UK-China Offshore Wind Hub
The British Chamber of Commerce Shanghai has launched a UK-China hub for offshore wind.
Excelerate lines up seven FSRUs at DSME
Excelerate Energy executed a letter of intent with Daewoo Shipbuilding and Marine Engineering (DSME) of South Korea for the delivery of up to seven FSRUs.
Alphaliner: Volumes Improve in Far East-Europe, Transpacific Lanes
Container volumes on the headhaul Far East-Europe and Far East-North America tradelanes recorded a mild recovery in 2016, Alphaliner informed citing the latest statistics from CTS and PIERS. The Far East-Europe trade reached 15.08 million TEU in 2016, representing an increase of 1.2%. This follows a
Guanghui Energy invests in storage tanks at its Qidong LNG terminal
Chinese independent company Guanghui Energy earmarked 700 million yuan (Approx: US$101.7 million) for the development of new LNG infrastructure.
Samudera Shipping Disposes of Six Ships in 2016
With the latest sale of a 2006-built containership Sinar Jimbaran, the shipping services provider PT Samudera Shipping Services, part of Samudera Indonesia, has disposed of a total of six vessels in 2016. Besides the 6,300 dwt boxship, which was sold to Samudera Bharat, the company reached agreement
Malaysia Marine and Heavy Engineering posts net loss in 2016
LNG carrier repair specialist Malaysia Marine and Heavy Engineering fell into the red during 2016 due to the oil and gas industry downturn. MHB posted a pre-tax loss of 135 million ringgit ($30.4m) for the twelve months that ended December 31, 2016, as compared to a 22.5 million ringgit profit the y
Gallery: 37th VLCC Joins Bahri’s Fleet
The National Shipping Company of Saudi Arabia (Bahri) has taken delivery of Amjad, a 300,000 dwt very large crude carrier (VLCC), from South Korean shipbuilder Hyundai Heavy Industries (HHI). Amjad was handed over to Bahri at HHI’s Mokpo shipyard in South Jeolla Province, South Korea, on February 7,
Top Five Panamax Bulker Trade Routes
Due to the tendency of trade routes to change pushing demand somewhere else, VesselsValue has put together a report showing the current state of affairs at the top 5 Panamax Bulker trade routes based on the total ton miles moved. Mainly a grains trade, especially soybeans, the volatile Panamax bulke
Taiwan Gets Complete Offshore Wind Development Guidelines
ITPEnergised (ITPE), Ramboll and BMT Asia Pacific (BMT) have delivered their third and final set of best practice guidelines for development of offshore wind farms in Taiwan and presented them to the local industry.
Taiwan Gets Complete Offshore Wind Development Guidelines
ITPEnergised (ITPE), Ramboll and BMT Asia Pacific (BMT) have delivered their third and final set of best practice guidelines for development of offshore wind farms in Taiwan and presented them to the local industry.